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Old 07-02-2004, 16:34   #8 (permalink)
gstefanick
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Quote:
Originally posted by tunesmith
One way to look at it is, yes there does have to be a buyer for every seller, however a small group of traders could take the otherside in the trade. Let's say 100 people are trading a particular currency. 90 of them buy the currency and the other 10 take the all short positions of the 90. The price goes against the 90 and you have 90% losers and 10% winners. I guess what I am saying is the traders taking the other side of the trade do not have to be 50 different traders. It could be 10 traders taking the other side of the 90 people. Does this make any sense?(lol)
Good example... Here is my 2 cents...

Most people I know (after trading for 10 years) lose their account after a period of time. This is including myself a few times before I got myself right....

I have always read and heard that most people lose and I think this is becuase people lack rules, money managment and the BIG D....

Good question...

George
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